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Lower rates set to benefit first-time investors the most

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Canadian Realestate Magazine | 26 Jan 2015, 08:33 AM Agree 0
Lower interest rates – announced by the Bank of Canada last week – will mostly benefit first-time investors and homebuyers, say experts.
  • Mortgage planner | 26 Jan 2015, 02:44 PM Agree 0
    With all do respect, the banks in my neighbourhood haven't followed the rate cut announced last week. The bank of Canada rate has had no impact on the low rates we are experiencing. The bond market on the other hand, which drives the fixed rate mortgage rates have hit a record low and those savings are being passed on to home buyers. So false information because of bank of Canada rate cuts should be researched before posting.
  • hans | 26 Jan 2015, 03:05 PM Agree 0
    bank rates will go down shortly because banks want to mortgage out more money, and the first to lower rates will get the spoils.
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